My conclusion then was this: if an investment pencils as cash flow breakeven or a small positive cash flow, using conservative underwriting assumptions, it would be worthwhile to buy despite the high interest rates.Real estate investing has three main sources of wealth building: cash flow, appreciation, and tax benefits.

If you don't look it up, the general tenets are this:1.

Hello , I have a rental property in memphis and now planning to get second one.I need to understand if I cash-out-refi my first property and put the cash downpayment on second one , Should I consider that as 0% downpayment Or 20% downpayment to calculate if the numbers make sense.Also suggest if I should do it at this point or wait some more time.

This would require seller to bring cash to closing.

@Nold R.there are really three options for you to do this. 

I use the work tenant is quotations, because the lease was not signed with an individual, but rather a LLC for a property management company who subleased the home on AirBnb. 

Unfortunately @Gloria C. this happened to you. 

What made you interested in investing in this type of deal?

This is what you pay them to do.

Will I still be able to use the $250,000 per spouse exemption on the appreciation, and how will this impact my 1031 exchange?